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Longstanding Dry Cleaner
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This is is an opportunity to purchase a longstanding business with a trusted brand and decades of operating history in Kentucky.
Recognized as a household name across generations of customers, the company offers both drop-off and pick-up & delivery, as well as wash & fold and specialty item dry cleaning services.
The business has been intentionally positioned for sale over the past two years, with ownership focused on streamlining operations, improving efficiencies, and creating a more attractive target for a buyer. The business is now more de-risked while still having opportunities for significant growth and upside. With its current equipment, the business could potentially increase revenues to $2M, up 67% from its current levels without further investment in additional equipment.
*Real estate is available for sale - not included in asking price*
Recognized as a household name across generations of customers, the company offers both drop-off and pick-up & delivery, as well as wash & fold and specialty item dry cleaning services.
The business has been intentionally positioned for sale over the past two years, with ownership focused on streamlining operations, improving efficiencies, and creating a more attractive target for a buyer. The business is now more de-risked while still having opportunities for significant growth and upside. With its current equipment, the business could potentially increase revenues to $2M, up 67% from its current levels without further investment in additional equipment.
*Real estate is available for sale - not included in asking price*
About the Business
- Employees
- All employees are W2.
- Facilities & Assets
- Equipment List shared upon execution of NDA.
- Opportunities for Growth
- Operational Efficiencies - Ownership optimized the business by investing in automation and right-sizing payroll with appropriate hires, making the business marketable and primed for growth.
Pickup & Delivery Service - Revenue from the pickup & delivery service could increase up to 2x their current levels before having to purchase an additional van or make a new hire.
Active Ownership - Ownership is semi-absentee, working few hours per week. A new owner has the potential to increase managerial throughput by 3-4x immediately upon acquisition.
Available Expansion / Employee Capacity - Current revenues could nearly 2x before additional equipment or space is required. Additional labor hours are available to service new revenues from growth initiatives with current staff.
Underutilized Marketing Spend - Current ownership do not run marketing campaigns, relying primarily on brand loyalty and word-of-mouth for sales.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Ownership is selling the business to focus on other business ventures.
- Financing Options
- Ownership is open to selling the business along with owned real estate.
Listing Info
- ID
- 2530057
- Listing Views
- 76
Listing ID: 2530057 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleKentucky Businesses for SaleKentucky Personal Product & Service Businesses for SaleKentucky Dry-Cleaning & Laundry Businesses for Sale
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